While the housing market remains in flux throughout the nation, New Jersey remains both an attractive and competitive real estate market. Nevertheless, New Jersey is experiencing a challenging real estate market in which guidance is important to navigate the intense competitiveness for the purchase of properties. Specifically, New Jersey has seen an influx of neighboring residents seeking home purchases in the State of New Jersey coupled with many sellers deciding against moving causing a shortage of inventory. \As the market remains difficult and competitive to navigate, the need for the early guidance of an attorney cannot be overstated. Ultimately, the real estate market never fully stops because – in truth – you will always find buyers that want or need to buy, and sellers that want or need to sell. As such, this article provides insight into the current trends impacting New Jersey’s buyers and sellers.
Closing the 2023 Real Estate Market
With 2023 coming to an end soon, many may wonder how the real estate market will shape up for 2024. While the market could still be in flux, buyers and sellers may potentially see changes including a decline in mortgage interest rates and an increase in...
